airBaltic to Evaluate $397M Bond Refinancing in 2026
airBaltic (Latvia) will be able to evaluate the refinancing of its $397 million bond debt starting in May 2026, as the airline seeks to optimize its financial structure and reduce borrowing costs.
airBaltic May Delay IPO to 2026 Due to Engine Delivery Issues
airBaltic (Latvia) is considering pushing back its planned IPO to early 2026, as CEO Martin Gauss acknowledged that ongoing engine delivery challenges are restricting the airline’s growth trajectory.
Viva Air Peru Enters Bankruptcy Proceedings
Viva Air Peru, the low-cost carrier that ceased operations in February 2023, has been placed under ordinary bankruptcy proceedings, according to the competition regulator. This development formalizes the airline’s financial collapse, opening the way for creditors to seek repayment.
Airlines | Debt | Flag Carrier | Fleet | Management
Thai Airways Plans Expansion After Debt Restructuring
Thai Airways International is preparing for a major international expansion as it nears the completion of its debt restructuring process in late 2025. Debt administrator Piyasvasti Amranand has outlined plans for network growth, positioning the airline for stronger global competition.
Southwest Airlines Cuts 15% of Corporate Jobs to Reduce Costs
Southwest Airlines (US) is implementing a 15% reduction in corporate jobs as part of a cost-cutting initiative, with projected savings of $210 million in 2025 and $300 million in 2026. This move reflects the airline’s focus on operational efficiency and long-term financial sustainability.
Eurowings Appoints Irina Haselmann as Managing Director of Eurowings Holidays
Eurowings (Germany) has announced the appointment of Irina Haselmann as managing director of its newly launched tour operator, Eurowings Holidays. This move aligns with the airline’s strategic expansion into the travel and tourism sector, offering customers comprehensive holiday packages.
ACCC Proposes Approval for Virgin Australia & Qatar Airways Alliance
The Australian Competition and Consumer Commission (ACCC) has proposed to authorize an alliance between Virgin Australia and Qatar Airways, enabling the two carriers to engage in cooperative operations under an integrated partnership for five years.
Abra Group Maintains Interest in SKY Airline with Share Conversion Option
Abra Group (UK) continues to express interest in SKY Airline (Chile), with the option to convert an existing loan into shares. This arrangement provides the Group with a potential future stake in the Chilean low-cost carrier, reinforcing its presence in the South American market.
Airbus | Airlines | Delivery | Fleet | Pratt & Whitney
Spirit Airlines Takes Delivery of A321neo, Serial 12330
Spirit Airlines has expanded its fleet with the delivery of a new Airbus A321neo, bearing serial number 12330. The aircraft is powered by PW1133G-JM engines, enhancing fuel efficiency and operational performance.
Airlines | Boeing | CFM International | Delivery | Fleet
Shanghai Airlines Takes Delivery of B737-8, Serial 61657
Shanghai Airlines has expanded its fleet with the delivery of a Boeing B737-8, bearing serial number 61657. The aircraft is powered by LEAP-1B27 engines, providing improved fuel efficiency and operational reliability.